Tag: China
Chinese Investment Tripled in US in 2016, Doubled in Europe
Combined Chinese direct investment in the advanced economies of North America and Europe more than doubled in 2016 to a record $94.2 billion as China continued its transition to a new growth model, in line with its rapidly maturing economy.
G20 Could Disrupt Yangtze River Delta Operations
As the Group of 20 (G20) Summit—the annual, large-scale global government conference—heads for Hangzhou, China in September, companies with operations in the Yangtze River Delta (YRD) region are planning for expected disruptions to production and logistics.
COSCO-China Shipping Merger Finally in The Works?
By Lauren Dodillet After years of rumors, a merger may be in the works for China Ocean Shipping (Group) Company (COSCO)—China’s largest shipping enterprise—and China Shipping (Group) Company. The two state-owned enterprises (SOEs) would combine over $82.9 billion in total...
Tianjin Explosions May Spur Billions in Insurance Claims
By Lauren Dodillet A series of blasts in Tianjin on August 12th may cue billions of dollars in insurance claims. The explosions rocked the world’s third-largest port last Wednesday and burned into the weekend, the result of currently unknown circumstances...
$4.6 Billion Investment to Ally Alibaba with Suning Electronics Retailer
By Lauren Dodillet Alibaba Group Holding Ltd will invest $4.56 billion into Suning Commerce Group Co Ltd to accumulate a sum 19.99 percent share in the electronics company, a joint statement announced Monday. In return, Suning will purchase a 1.1...
China Welcomes Foreign Video Game Makers
By Lauren Dodillet Last week China’s Ministry of Culture finally lifted a 14 year ban on foreign video game consoles, giving companies like Nintendo Co., Sony Corp., and Microsoft Corp. access to what is projected to be a $25 billion...
China Railway Signal Co. to List $1.8 Billion IPO on Hong Kong Market
By Lauren Dodillet State-owned China Railway Signal and Communications Corporation began looking for investors for its $1.8 billion Hong Kong IPO last Monday. The company—which makes signal systems used by China’s train network—opened up to institutional investors yesterday, and plans...
Where Does China Rank in the World?
By Bonita Chen Since the beginning of former Chinese leader Deng Xiaoping’s economic reforms in 1978, China has undergone unrivaled rapid economic growth, boosting an average GDP growth rate of 10 percent over the last three decades. But as China’s...
$19 Billion Fund Set to Stabilize Chinese Stocks
By Lauren Dodillet 21 Chinese securities companies led by Citic Securities Co. are pledging more than $19 billion dollars to a fund that will help stabilize the market. The fund, which opened Monday morning, is valued at approximately 15 percent...
Sparking New Business: US Innovation, with Chinese Funding
By Brooke Salkoff For Alex Gruzen, CEO of wireless charging pioneer WiTricity, working with a tech-focused venture capital firm in China seemed a natural fit. Gruzen knew China well from his time at Compaq, Hewlett-Packard, and then Dell, where he...